In the past week, the stock has rallied 18 per cent after the company reported over 30 per cent consolidated revenue growth for the June quarter (Q1FY24)
Posts in category Business Standard
PCBL surges 7% on commencement of phase 1 specialty chemical capacity (11-07-2023)
The stock has hit a 52-week high at Rs 174.55 in intra-day trades so far on Tuesday.
Gold price fell Rs 100, silver prices up Rs 100, touches Rs 73,400/kg mark (11-07-2023)
Gold-Sliver price today: The price of ten grams of 22-carat gold dropped by Rs 100 to Rs 54,450
Stocks to Watch today, July 11: Vedanta, LIC, Vadilal, PCBL, Tata Comm, PFC (11-07-2023)
Stocks to watch on July 11, 2023: Shares of Nazara Tech and Satin Creditcare may see some action as the boards approved fund raising proposals.
Nifty PSU Bank index may rally another 10% from here on, show charts (11-07-2023)
The final target for the ongoing up trend in the Nifty PSU bank index is projected to be in the range of 4,620 to 4,875
Stock Market Live: Mid, SmallCap indices outshine; CarTrade Tech zooms 17% (11-07-2023)
Stock market live on July 11, 2023: The broader markets opened in line with benchmarks. The BSE MidCap and SmallCap indices rose up to 1 per cent
Bitcoin bulls take heart from smaller token Litecoin’s market, beating jump (10-07-2023)
Litecoin was created in 2011 and aims for faster transactions than Bitcoin
Dream debut: Shares of EMS provider Cyient DLM gain 59% on Day 1 (10-07-2023)
Cyient DLM’s key clients include Honeywell International, ABB, and Bharat Electronics
ESAF Small Finance Bank refiles IPO paper, lowers issue size to Rs 629 cr (10-07-2023)
ESAF Small Finance Bank has refiled preliminary papers with capital markets regulator Sebi to raise Rs 629 crore through an initial public offering (IPO).
The lender has cut down the issue size, which now comprises fresh issue equity shares aggregating to Rs 486.74 crore and an offer for sale (OFS) of Rs 142.3 crore, according to the draft red herring prospectus (DRHP) available with Sebi on Monday.
Those selling shares in the OFS are promoter — ESAF Financial Holdings Private Ltd and other shareholders — PNB MetLife India Insurance Company Ltd, Bajaj Allianz Life Insurance Company Ltd.
At present, ESAF Financial Holdings owns a 62.46 per cent stake in the small finance bank, while PNB MetLife and Bajaj Allianz Life owns 4.75 per cent and 3.89 per cent stake in the lender, respectively.
Proceed of the fresh issue will be utilised to augment the bank’s Tier 1 capital base.
The fresh filling came after ESAF Small Finance Bank’s managing director and chief executive K Paul Thomas i
Sebi defends 2019 change in rule on offshore investors in Supreme Court (10-07-2023)
The change in rules was cited as one factor by a SC-appointed committee that made it difficult for Sebi to identify beneficiaries of offshore funds allegedly investing in companies of the Adani Group